India’s tax panel rejects airlines’ call to add aviation fuel to GST regime

December 21, 2024

NEW DELHI: An Indian government panel has rejected an airline industry proposal for aviation fuel to be brought under the ...

Business & Finance

Economic challenges, GST imposition badly hurt industry of transport parts

by DTB

September 8, 2024

LAHORE: The tractor parts industry, a vital sector supporting the country’s agricultural backbone, is on the brink of a significant ...

Business

India collects $21bn in goods and services tax in August

by DTB

September 1, 2024

NEW DELHI: India collected 1.75 trillion rupees ($20.87 billion) in goods and services tax (GST) in July, a rise of ...

Markets

Millat Tractors warns of shutdown amid GST dispute and plummeting sales

by DTB

August 12, 2024

Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, has signaled that it may have to shut down operations amid lower ...

Business & Finance

Tractor industry on brink of shutdown: PAAPAM

by DTB

August 10, 2024

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has announced that the tractor industry is on the ...

Business & Finance

Infant formula, fortified children’s milk powders: Govt’s decision to withdraw zero-rating benefits criticized

by DTB

June 17, 2024

LAHORE: Local industrial sector specializing in infant formula and fortified children’s milk powders has voiced strong reservations over the government’s ...

Business & Finance

Exchange losses, GST cut & IFEM: OMAP approaches SIFC

by DTB

June 9, 2024

ISLAMABAD: The Oil Marketing Association of Pakistan approached the Special Investment Facilitation Council Secretariat (SIFC) to rescue the companies from ...